IPM (IPM) CFO receives 20,000 stock options at $1.62 exercise price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intelligent Protection Management Corp. Chief Financial Officer Jenny Kara B received a grant of stock options covering 20,000 shares of common stock. The options have an exercise price of $1.6200 per share and were awarded as compensation, not through an open-market purchase.
The options will vest in four substantially equal annual installments on each of the first four anniversaries of the March 20, 2026 grant date, as long as she continues providing services to the company. The filing also states that if a change in control occurs under the company’s 2025 Long-Term Incentive Plan, any then-unvested options will immediately vest and become fully exercisable on the effective date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jenny Kara B
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 20,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 20,000 shares (Direct)
Footnotes (1)
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FAQ
What did IPM CFO Jenny Kara B receive in this Form 4 filing?
The CFO received a stock option grant for 20,000 shares of common stock. These are compensation-related options, not open-market share purchases, and give her the right to buy shares at a fixed exercise price of $1.6200 per share.
What is the exercise price and size of the IPM stock options granted?
The grant covers stock options for 20,000 underlying common shares at an exercise price of $1.6200 per share. This means the CFO can later buy those shares at that fixed price if the options vest and are exercised.
How do the IPM stock options granted to the CFO vest over time?
The options vest in four substantially equal installments on each of the first four anniversaries of the March 20, 2026 grant date. Vesting requires that the CFO continue providing services to Intelligent Protection Management Corp. on each applicable vesting date.
What happens to the CFO’s IPM stock options if there is a change in control?
If a change in control occurs as defined in IPM’s 2025 Long-Term Incentive Plan, 100% of the then-unvested option shares immediately vest. They become fully exercisable on the effective date of that change in control, accelerating her ability to exercise the options.
When do the newly granted IPM stock options expire if unexercised?
The options expire on March 19, 2036 if they are not exercised before that date. This gives the CFO a long-term window to exercise vested options, subject to continued service and any applicable plan or agreement conditions.
How many IPM stock options does the CFO hold after this grant?
After this award, the Form 4 shows the CFO holding 20,000 stock options directly. These options relate to 20,000 underlying shares of common stock, all from this single compensation grant reported in the filing.